In my last article, I posited that smaller risk capital investors outside the significant venture capital centers should avoid the grand slam venture investing model with its emphasis on finding the next Unicorn. Instead, they should focus on “small ball” investment plans that harken back to the early days of venture capital, when funds, investment rounds, and exits were typically a very small fraction of the headline deals in the business today. The classic “company building” investment plan with its focus on capital efficiency and profitability over capital intensity and growth.